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LONDON, May 16 (IFR) - The Republic of France has opened books for its new 30-year benchmark at OAT 3.25% May 2045 plus 14bp area, according to the lead managers.
Indications of interests were over €18bn, excluding lead-managers interest.
The bond, which matures May 25 2048, and is rated Aa2/AA/AA/AAA, is expected to be priced today via BNP Paribas, Citigroup, HSBC, JP Morgan and Societe Generale.
Reporting by Matt Painvin